Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review. ( read original story ...)
Singapore properties boost OUE Commercial REIT’s NPI by 6.9% YoY
These properties include Hilton Singapore Orchard. The net property income of OUE Commercial REIT rose 6.9% YoY to $60.5m in 1Q24, driven by enhanced contributions from Hilton Singapore Orchard and ... ( read original story ...)
Wife of Sea billionaire founder Forrest Li to buy $31M mansion in Singapore
The firm launched Shopee, Southeast Asia's largest e-commerce platform, in 2015.In 2021, Li was ranked as Singapore's wealthiest individual in the Bloomberg Billionaires Index, boasting a net worth of ... ( read original story ...)
4 Singapore REITs with Share Prices at Their 52-Week Lows: Are They a Great Buy?
REITs whose share prices are plumbing new 52-week lows and discuss if they may represent great buying opportunities. The post 4 Singapore REITs with Share Prices at Their 52-Week Lows: Are They a ... ( read original story ...)
Keppel Reit Q1 net property income rises 7.2% to $48.2 million
SINGAPORE - Keppel Reit posted net property income (NPI) of $48.2 million for the first quarter ended March 31, up 7.2 per cent from $45 million in Q1 FY2023. ( read original story ...)
Singapore’s Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s inflation cooled more than expected in March, as prices in key categories like food, transport and utilities rose at a slower pace. ( read original story ...)
Singapore’s soaring property costs might hinder tech growth
SINGAPORE: Singapore’s tech scene is booming, but recent data suggests that soaring property costs might... The post Singapore’s soaring property costs might hinder tech growth appeared first on The I ... ( read original story ...)
Are high property costs stunting tech growth in Singapore?
Singapore has the highest average annual asking office rent at US$104 psf. Singapore has emerged as a “powerhouse” market for global tech talent, CBRE reported. In its Global Tech Talent Guidebook, ... ( read original story ...)
“By far, Singapore is a better place to live” — US millionaire says people don’t give SG enough credit
SINGAPORE: In a recent video, an American millionaire outlined the reasons why he has chosen... The post “By far, Singapore is a better place to live” — US millionaire says people don’t give SG enough ... ( read original story ...)
Tembusu Grand: New Launch Condo in Singapore
There is a good reason why the newly launched condo in the Katong area is the talk of the town. As a 99-year leasehold condominium, Tembusu Grand is located in the heart of Tanjong Katong in District ... ( read original story ...)
Property prospects mixed amidst rising supply
The office market will see a higher supply with a pipeline of 4.76 million square feet. Overall property demand in Singapore will likely improve in 2024, although higher supply in markets like ... ( read original story ...)
Prestigious titles for top developers at the 14th PropertyGuru Asia Property Awards (Singapore)
SINGAPORE, Apr 18, 2024 - (ACN Newswire) - Organisers of the PropertyGuru Asia Property Awards (Singapore) have announced their call for entries ahead of this year’s highly anticipated gala ... ( read original story ...)
Prudential Financial’s PGIM Struggles to Sell Singapore Towers
PGIM Real Estate has been trying to sell a pair of prime office towers in Singapore since last year without success, people with knowledge of the matter said, the latest sign of the country’s ... ( read original story ...)
Home owners likely to pay higher mortgage rates for a while more, say market watchers
An expected percentage point dip in interest rates is now likely to only take place at the end of next year, instead of this year. ( read original story ...)
Explainer: Singapore 4-room HDB resale flat in Tampines sold for S$100,000 in January — what’s behind such outlier sales?
An older four-room flat in central Tampines that recently changed hands for S$100,000 (RM351,271) has raised eyebrows among netizens, as similar units in the area ... ( read original story ...)
Home mortgage rates in Singapore may stay elevated for longer after US Fed delays rate cuts
Some market watchers expect home owners in Singapore to pay elevated mortgage rates for a little longer, with an expected percentage point dip in interest rates now likely to happen only at the end of ... ( read original story ...)